I usually continue trading during Summer. But isn't Summer almost over now?

Trading in Summer Months

It's probably an error in thei chart history or did you encounter it in live trading? Did you see the price jumping up that high hitting your SL/TP levels?

Long Wicked Bar Candles...

It looks like there is a problem on your broker's side.

Long Wicked Bar Candles...

Use MetaTrader strategy tester for that. Long-term strategies are usually tested quite accurately with it.

How to validate a strategy

You Buy at Ask (the higher one) and Sell at Bid (the lower one). The fact that the chart's Close is the Bid doesn't matter much unless you are testing some scalping strategy.

define a trade at market

The main drawback is that you have to code your strategy and do it right to get the correct test results. There are also limitations for testing strategies with SL and TP as the ticks are modeled in MT4 and the modeling quality is never perfect. MT4 ...

How to validate a strategy

I code the strategy into a simple EA and then backtest it using the MetaTrader 4 Strategy Tester.

How to validate a strategy

It closed below the 100-Day MA yesterday (see the attachment). Going down looks to be the near future of gold.

Gold Discussion

I'll be there. I bet the top EAs will have balance far above $100k this year.

Automated Trading Championship 2010

Rollover Rates depend on the interest rates set by the central banks of the currencies. If you trade EUR/USD or GBP/USD they won't be an issue, but for AUD/JPY or ZAR/JPY they can become an issue.

Rollover rates?

Different calculation rules. You can Google for the specific calculation rules (if the mentioned site doesn't show them). None of the pivot points are very reliable from my experience.

what is the difference between various pivot points?

For me it's losing the positions that look so sure-fire and even after they are lost it's hard to find the reason for that or a system that would avoid such trades.

What frustrates you the most about trading?

There are also Wolfe Waves (just google).

Need help with Waves

Looks like the registration has already started: url

Automated Trading Championship 2010

You can say that you've made two trades for +50 and +100. You can also say that you've made one for +150. Whichever you like best.

Pip Calculation

Mastering Elliott Wave by Glenn Neely

the best Elliot Waves book?

Yes, it's possible but that's rather weird aim to set before yourself. It's better not to think in terms of "some pips per day" when you trade. It will lead to overtrading in some cases and to "undertrading" in others. That's a rather bad MM ...

2,000USD to 2,000,000 USD in 8 years?

Can you position or adjust your trades during that time?

Sundays EST Open

Interbank currency flows don't stop on weekends. If there is no liquidity at the previous levels when the markets open, the gap occurs.

Sundays EST Open

url and url are the official MQL4/5 community sites with a lot of free expert advisors and also a free e-book on MQL4 programming. It's a good start if you want to learn more about EA programming.

Expert advisor education resources needed